Underwriter

Haventree Bank is a private Canadian Schedule 1 bank specializing in alternative mortgage programs and insured GIC deposits. We help hardworking Canadians from coast-to-coast achieve homeownership by offering flexible mortgage solutions. Our insured GIC deposits offer competitive rates and are available through a variety of wealth management platforms.

About Haventree Bank

Headquartered in Toronto, Ontario, Haventree Bank (Haventree) is a mission driven alternative mortgage lender. The name Haventree is representative of the bank’s mission to help its customers find a place of refuge and to lay down new roots for the future. Haventree exists to be a catalyst of financial security and upward mobility for Canadians who are underserved by the traditional financial system.

Position Summary:

Reporting to the Director, Mortgage Originations. our Mortgage Underwriters are energetic team players who have solid backgrounds in the “Alt A and B” residential mortgage business. They are clear communicators who can maintain broker relationships, while also problem-solving complex loans to ensure they within regulatory compliance.

Major Duties & Responsibilities:

• Effective “pipeline management” to ensure documentation is received on time
• Assessing up to 6 mortgage applications per day, evaluating broker’s documentation and recommending mortgage applications by assessing customer's credit history, collateral and income or ability to pay within established guidelines
• Fulfilling all conditions required and communicating remaining conditions with the brokers in a timely fashion
• Providing excellent customer service, including efficient turnaround time to brokers, while building and maintaining positive working relationships
• Work in collaboration with your Underwriting team to ensure targets are being met and exceeded
• Staying informed of latest industry knowledge including: B20, AML (Anti-Money Laundering) and KYC (Know Your Customer) legislation

Degrees, Diplomas & Certifications:

• The position requires undergraduate or graduate degree in related field

Years and Range of Experience Required to Perform the Job:

• With a college degree or diploma, the position requires at least 3 years’ experience underwriting in the residential mortgage lending industry, preferably in the “Alt A and Alt B” business
• The position requires strong understanding of residential mortgage review, regulatory legislation (B20, AML and KYC) and the proven ability to make sound underwriting decisions.
• The position requires proven ability to clearly communicate with mortgage brokers; maintain successful relationships that include negotiation and sales skills, strong organization, time management and multi-tasking skills
• Comfortable using Microsoft Outlook, Excel, Word, underwriting and servicing software platforms or Delta 360

While we thank everyone for their interest in Haventree Bank, please note that only candidates selected for an interview will be contacted. Haventree Bank is committed to providing accommodation when needed. If you require an accommodation, we will work with you to meet your needs.

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2. Stay in touch with us, if this position is not the right one for you – please click on this link for other roles at Careers | Haventree Bank or follow us on LinkedIn at www.linkedin.com/company/haventree-bank/.
3. Haventree Bank embraces equal opportunity, diversity, and inclusion. Please let us know if you require any accommodations during the recruitment and selection process.